This article from the Rochester Sentinal says that Charles Krieghbaum bought the Paramount Theatre after he arrived in Rochester in 1922. In 1924 he opened the much larger Char-Bell Theatre, now called the Times Theatre. The article doesn’t say whether or not he continued to operate the Paramount for the last year of its life or if he sold it to another operator.

Part one of the Sentinal article about Rochester’s movie houses says that the Paramount replaced the My Show Theatre. Presumably the My Show occupied the same storefront as the Paramount (now the north half of the B&B Men’s Wear store), but the article doesn’t specify that.

The Paramount Theatre was mentioned in the February 5, 1916, issue of The Moving Picture World, which said that brothers Clyde and Sydney Wilson had bought the house from Ray Blausser. The Wilsons had also bought another Rochester house, the Kai-Gee Theatre, from Roy Shanks.